Zig Sheng Industrial Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
April 29, 2020 at 09:08 pm
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Zig Sheng Industrial Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced total revenue was TWD 2,144.335 million compared to TWD 3,543.072 million a year ago. Operating loss was TWD 81.651 million compared to TWD 83.560 million a year ago. Net loss was TWD 201.780 million compared to net income of TWD 3.219 million a year ago. Basic loss per share was TWD 0.33 compared to basic earnings per share of TWD 0.01 a year ago.
ZIG SHENG INDUSTRAIL CO., LTD. is a Taiwan-based company principally engaged in the manufacture and trading of textured yarns, nylon filaments and nylon chips. Its textured yarns products include function yarns, high stretch yarns, nylon yarns, multifilament and fancy yarns, among others. Its nylon filament products include fine filament yarns, polyester pre-oriented yarns, oxford yarns and industrial yarns. Its nylon chips products include spinning grade nylon chips and engineering plastic grade nylon chips. The Company also provides compound materials. The Company operates businesses in domestic market and overseas markets, including Europe, Americas, Africa, Oceania and Southeast Asia, among others.
ZIG SHENG INDUSTRIAL CO., LTD. 
